A balanced economic development is essentially based on self-financing of investment cycle. The efficient use of energy resources and raw materials could rise by increasing the renewal of fixed capital, which is meaning also a shift to a higher technological level. From this correlation is...

Empirical data show during the historical process of economic development profound structural changes in economy. One of the most important movements is from stages where the so-called tangible investments are predominant to those where intangible investments become predominant. Applying some...

This study tries to quantify the impact of transition in Eastern countries in an early stage on the cost-side and also on the benefit-side. The exposition plan includes: 1) Introduction; 2) Structural distortions; 3) Transition versus stability.

The structure of a national economy is generally correlated with the stage of economic development. In economic history, it was demonstrated a trend from a first stage when agriculture predominated to last stage when the sector of services is the largest. In this context, the complex...